Read More

Mr Sandhu’s Coventry Racing Club Ltd firm released a statement which read: “We will continue to work closely with Coun Stokes on finding, securing and eventually building a replacement facility as we are now on a clock for the eventual closure of the stadium.

“Our commitment to make this happen is undiminished and if anything it has made us as a group more determined to make it happen.”

On repairing Coventry Stadium

“Mr Sandhu has agreed to replace all the assets and reinstate the stadium fit to run next season at his cost. He has agreed to fund this because he loves speedway and stock racing with a deep wish to see it continue for the next three years and beyond at a new facility.

“He would have rather signed the agreement weeks ago but it was important that the partnership between Stox and speedway using the building continued as one would fail without the other so his actions were always to protect not just his assets but also both sports.

“The agreement would at this stage never happened without Coun Michael Stokes who has gone beyond what ever could have been expected and has managed to keep both sides in dialogue rather than allowing it to fall apart publicly.”

Read More

“We would like to say how pleased we are that the employees, contractors, and suppliers have a secure future for the next three years as many have worked on site for decades so this uncertainty has hurt them the most.

“Without these people we would find it impossible to run the stadium to the current high standards and they have proved that they too have gone beyond what could be expected which we will never forget.

“We welcome our renewed relationship with Coun Stokes, Mick Horton and the Coventry Bees as an opportunity to grow stronger together and to tackle the future jointly.”

Where will the new stadium be?

There has been comprehensive research into potential sites, including Butts Park Arena.